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中信里昂:升理文造紙(2314.HK)目標價至6.4港元 重申跑贏大市評級
格隆匯 09-24 13:39

中信里昂發表研究報告,將理文造紙(2314.HK)目標價由5.4港元調高至6.4港元,重申跑贏大市評級。

該行提到,由於需求增長勢頭良好,以及估值不高,續預期紙業股今年下半年股價有好表現。在新型肺炎疫情後需求回升及第四季旺季下,相信上升的趨勢持續。

近期人民幣升值,應對集團在採購進口原材料方面有利。而中期存在兩個風險,即新供應及結構性成本增加。集團將尋找更多上游資源來維持紙巾業務的增長及擴充潛力。

基於市場氣氛改善及股價滯後,上調其目標價並重申跑贏大市評級。

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